Saturday, June 23, 2007

June 23rd

I knew it was an important date, then the light bulb went on! I received my last pay cheque 12 months ago. It seems a lot longer!

I used to be all about cash at the end of the month, now its about the asset - some big things happening in the background and I will have some announcements in the near future.

We've kept the vision going with founding investment funds, and grant aid.

The grant is tax free, and don't let anyone tell you otherwise. That includes revenue staff. I challenged an initial 'yes it is taxable', went up the chain and received a 'no it is not taxable, we regret the inconvenience caused'.

I have a letter from the revenue to prove it.

4 comments:

Gavin Cooney said...

This whole CORD taxable thing is driving me mad! Any chance you could give me a shout about it please? My email is gavin _dot_ cooney -at- gmail.com

Cengal said...

Gavin,
Sent an email to your business email account as im'd me.

Regards,
John

Anonymous said...

Excellent Post. There's so much confusion about the CORD Grant and its tax obligations.

Gavin Cooney said...

All, By the way, I also have a letter from the Revenue saying that it's not taxable.